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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 28,267,792 $ 11,881,949
Accounts receivable, net of allowance for doubtful accounts of $56,135 and $12,455 at December 31, 2020 and December 31, 2019, respectively 323,130 340,344
Unbilled receivables 1,248,060 998,048
Income taxes receivable 54,449 15,010
Other current assets 1,433,543 1,363,366
Total current assets 31,326,974 14,598,717
Property and equipment, net 2,188,948 1,996,722
Goodwill 10,250,088 10,922,814
Intangibles, net 4,015,851 4,658,000
Right-of-use assets 8,352,028 5,281,530
Other long-term assets 611,857 549,022
Total assets 56,745,746 38,006,805
Liabilities and Shareholders' Equity    
Accounts payable 1,074,594 2,052,538
Accrued expenses and other current liabilities 1,259,836 919,089
Line of credit 1,900,000 0
Deferred revenue 845,265 860,820
Income taxes payable 81,221 13,944
Lease liability, current portion 724,627 370,340
Notes payable, current portion 2,630,962 0
Total current liabilities 8,516,505 4,216,731
Lease liability, net of current portion 7,771,898 4,976,727
Notes payable, net of current portion 768,538 0
Total liabilities 17,056,941 9,193,458
Shareholders' equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, no shares issued or outstanding at December 31, 2020 and December 31, 2019 0 0
Common stock, $0.001 par value, Authorized shares-50,000,000; issued shares- 12,818,797 at December 31, 2020 and 11,537,163 at December 31, 2019; outstanding shares- 12,798,797 at December 31, 2020 and 11,517,163 at December 31, 2019 12,819 11,537
Additional paid in capital 75,544,966 58,851,285
Accumulated other comprehensive loss (215,269) (224,793)
Accumulated deficit (35,569,711) (29,740,682)
Treasury stock (84,000) (84,000)
Total shareholders' equity 39,688,805 28,813,347
Total liabilities and shareholders' equity $ 56,745,746 $ 38,006,805